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Dubai

FAQ

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What are the Starting prices of properties?

The average 2 bedroom apartments start at €100,000

What are the other cost's involved?

For new-builds, expect land registration fees of around 2%, and a year’s upfront maintenance charges, which vary depending on the development

Are mortgages available?

Banks offer competitive mortgages ranging from 10 – 25 year terms. Interest rates are linked to both the US and UAE markets

Is there a rental market?

Many people come to Dubai and they do not know how long they are going to stay so renting is ideal for them. They get housing allowances in their salaries so that if they wish to leave their jobs or return to their home countries they are entitled to terminate their tenancy contract

Do I need a visa?

European citizens receive visas on arrival or 30 days validity but it is valid for 60 days and can be extended for 30 more days by paying some amount

Will I need a Lawyer?

We always highly recommend instructing lawyers with regards to property sales our local team will assist with this

What's included on the inspection visit?

Please see inspection trips link

How does the buying process work?

For Dubai’s new development properties, payments are similar to those in most other countries. The standard minimum deposit is 10% of the purchase price, payable on signing the contract. Afterwards, ‘stage payments’ are made at regular intervals through to completion. Feel free to contact us for the financial obligations on each specific project.

 

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